UBC Media and Capital Radio have announced the formation of a joint venture with US-based group Command Audio to develop personal digital radio systems.The three-way partnership will allow UBC and Capital to use Command Audio’s software to develop on-demand interactive audio services. Tests are set to start later this year.UBC Media: 020 7402 1011 Capital… Continue reading UBC Media And Capital In US Partnership
Optimad and iMediapoint, the internet-based media transaction platforms, have announced that they are to merge. The combined entity will create a UK and European market leader for online media trading which will operate as Optimad-iMediapoint.Andy Troullides, iMediapoint’s CEO, who will run the new entity with iMediapoint founder Jean-Louis Velaise, said: “As separate businesses, Optimad and… Continue reading Optimad And iMediapoint Announce Merger
Revenues at information services company Reuters rose by 15% to £3.6 billion for the year ended 31 December 2000, according to financial results released this morning. Pre-tax profit rose by 4% from £632 million to £657 million and earnings per share were up 26% at 37.9p.During 2000 Reuters began laying foundations for a new internet-based… Continue reading Collapse In Internet Value Does Not Affect Reuters Strategy, Says Chief Executive
Reuters announces its final results for the year today. Ahead of this, shares in the company ended down 2p by the close of yesterday’s trading, at £10.20.The best media performer yesterday was United Business Media, which appeared to be resisting a recent confidence slump caused by poor ad revenue predictions in the US, and rose… Continue reading Sharewatch
Bright Station has won a three year contract worth £1m from Virgin.com to host and manage content on its brand portal. The portal, which acts as a gateway to all Virgin’s businesses online, will be managed by Bright Station along with Intel Online Services. The contract includes technology enhancements based on Bright Station technologies such… Continue reading Bright Station Wins £1m Virgin Contract
The Wireless Group (TWG), which operates the national analogue station talkSPORT, has called for an end to what it describes as the “monopolistic and anti-competitive practices which threaten to suffocate the commercial radio sector” – namely the restrictions on commercial radio which do not apply to the BBC.Although TWG owns and operates 16 analogue and… Continue reading Wireless Group Calls For End To Monopolistic And Anti-Competitive Practices
Revenues at information services company Reuters rose by 15% to £3.6 billion for the year ended 31 December 2000, according to financial results released this morning. Pre-tax profit rose by 4% from £632 million to £657 million and earnings per share were up 26% at 37.9p. During 2000 Reuters began laying foundations for a new… Continue reading Collapse In Internet Value Does Not Affect Reuters Strategy, Says Chief Executive – 13 February 2001
Simon Bolton has been named chief executive of J Walter Thompson in the UK. He replaces Stephen Carter who left the company last year to join NTL as chief operating officer (see NTL Appoints Senior Executive To Two Way TV Board).He said of his appointment: “It is a tremendous honour to lead JWT UK and… Continue reading JWT Appoints New CEO
Online travel sales company Lastminute.com this morning reported first quarter financial results that show sales and customer numbers increasing, whilst losses deepen. Total transactions for the quarter reached £20.2 million in value, a 53% increase quarter on quarter and up from just £4.8 million for the same period a year earlier. The number customers making… Continue reading Lastminute.com Sales Grow As Losses Deepen – 12 February 2001
New research from Jupiter forecasts that although online B-to-B trade currently represents only 1.5% of all European business (Euros 200 billion), by 2004 Jupiter MMXI predicts that it will grow to 1.8 trillion Euros. Jupiter surveyed Europe’s 500 Net Markets (a virtual market where demand and supply for goods and services meet and are fulfilled)… Continue reading European B2B Trading Forecasts From Jupiter
